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Get IGNOU MMPC-04 Assignments Soft Copy ready for Download in PDF for (July 2024 - January 2025) in English Language.
Are you looking to download a PDF soft copy of the Solved Assignment MMPC-04 - Accounting for Managers? Then GullyBaba is the right place for you. We have the Assignment available in English language.
This particular Assignment references the syllabus chosen for the subject of Accounting for Managers, for the July 2024 - January 2025 session. The code for the assignment is MMPC-04 and it is often used by students who are enrolled in the MBA (New), MBF (New), MBAFM, MBAHM, MBAMM, MBAOM, PGDIFM Degree.
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1. What are the objectives of preparing Financial Statements? Describe the basic concepts of income determination.
2. In context of Cash Flow Statement, what is cash and cash equivalent? In what categories cash flows are classified and explain how cash flow in each activity is calculated as per AS-3. Describe how cash flow statement is prepared under Direct Method.
3. What is an Annual Report? Discuss in brief the contents of an annual report and describe the non audited information contained in an Annual Report of any company.
4. What is Human Resource Accounting? How can it be used as a decision tool by Management?
5. A) Compute Profit when -
B) Compute Sales When -
1. During the current year AB Ltd. Should a profit of Rs. 1,80,000 on a sale of Rs. 30,00,000. The various expenses were Rs. 21,00,000. You are required to calculate:
1. The break even sales at present.
2. The break even sales if variable cost increased by 55.
3. The break even sales to maintain the profit as at present, if the selling price is reduced by 6 per cent.
2. XYZ Ltd. Is currently working at 50% capacity and produces 10,000 units. At 60% capacity raw material cost increased by 2% and selling price falls by 2 percent. At 8% capacity raw material cost increased by 5% and selling price falls by 5%.
At 50% capacity the product costs Rs. 180 per unit and is sold at Rs. 200 per unit. The unit cost of Rs. 180 comprises the following.
Prepare a marginal cost statement showing the estimated profit of the business when it is operating at 60% and 80% of capacity.
3. Explain the following
(a) Business Entity Concept
(b) Accrual Concept
(c) Dual Aspect Concept
(d) Cash and Cash equivalents
4. Explain the various Financial Statements. Which are parts of the Annual Report. How can Notes to the accounts help in better understanding of financial statements?
5. What is Human Resource Accounting? How it is used as management decision tool.
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